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seeking tax exempt status. this after the inspector general found 298 applications had been singled out for special review including 100% of groups with tea party or patriot in their name, but only 30% of groups with progress or progressive. now republican congressman darrell issa, chair of the powerful house oversight committee wantslern s lerner to testify again wednesday. chairman issa, welcome back. >> thanks for covering what we believe is going to be a good fact finding hearing. >> well, let's talk about that. because when you recalled lois lerner under subpoena to testify again this coming wednesday, her lawyers said you you can call her, but she won't testify or answer any questions, continue to at that time fifttaat that t. >> her attorney indicates how that she will testify. we've been back and forth negotiation. wi believe the evidence we've gathered causes her in her best interests to testify. >> so lowislerner who took the fifth last may will testify before your committee? >> according to her attorney. >> this will be on wednesday? >> it will be on wednesday. >> what change
of conservative groups seeking tax exempt status. this after the treasury department found 298 applications had been singled out for special review including 100% of groups with tea party or patriot in their name but only 30% of groups with progress or progressive. now republican congressman darrell issa, chair of the house oversight committee wants lernor to testify again wednesday based on new information he has. chairman, welcome back to "fox news sunday." >> thanks for having me back and for covering what we believe is going to be a good fact finding hearing. >> all right. let's talk about that. when you recall low he ed lois o testify, her lawyers said can you call her but she is not going to answer any questions. i understand you have late breaking news. >> we do. her attorney indicates now that she will testify. we've had a back and forth negotiation. but quite frankly, we believe that evidence that we've gathered causes her in her best interest to be summoned to testify. >> lois lernor will testify before your committee? >> according to her attorney. >> this will be on wednesday? >> wed
. the majority of the accounts weren't reported for tax purposes to the irs. and the fed wants more information from troubled bitcoin exchange mt. gox, the "wall street journal" saying mt. gox received a subpoena from federal prosecutors in new york last month to preserve certain documents once the world's biggest bitcoin exchange mt. dpox has gone offline. the business is at a turning point, there's a lot of worry the entire business may be bankrupt and gone forever. the controversy surrounding mt. gox putting a lot of pressure on bitcoin prices, $597.75 is where things are trading now. that was a stock, almost like a stock, it's not a real currency sorry to say, joe. >> now you tell us. >> now. >> now you tell us. >> i am not a bitcoin fan. i believe electronic currency of some sort may flourish in some way. i don't know if bitcoin is the way. >> i thought you were a bitcoin advocate. if now your' saying -- >> i'm fascinated by the conversation around bitcoin. >> you know i'm needling you because you have talked about it a lot. i hope no one mistook what you were saying for like an endorsemen
: this rallies the base and expands college access and education for young, poor kids and expanding tax cuts for those in poverty and similar measures the democrats ran on and appreciate. it is a policy document used as a tool for 2015-2016 the final years of the obama presidency. we wants to get something done before leaving. he is figure out a policy plan for the final two years. >> host: is it realistic this plan can get through congress? >> guest: no, i don't think anyone expects the entire budget will pass. i don't think that is that has ever happened. but some things might have opportunity for bipartisan compromise. the business tax code reform would generate revenue to build bridges and roads and generate jobs and that is similar to a proposal that dave camp, the chairman of the house released last week. so ideas in the budget could be ground for compromise. >> host: does he indicate where he is going to act alone? >> guest: there is not so much of that. the president has a robust executive action plan he is implementing and he is taking action and has many more this year. the whiteho
as well as tax increase, republicans wanting lower taxes and less of that spending. they will fight it out in the midterm elections and then we may return to budget talks and some sort of accommodation in 2015. >> john, how real is the return of the conversation about tax and interest? i say it in part because it's in some of these bills, but also because the front page of the "wall street journal," see this right here, blowout call for big tycoons that talked about the payout for people like leon black, $560 million with his income, 465 for steven schwartzman and others. i do know it's been put back in some of the bills, but this has been a policy debate we've been talking about for about five years now. >> there's a lot of momentum behind this issue. i would not expect it to pass this year. one of the things that adds to its momentum in terms of the long-term, which we really get to a tax reform discussion which is not going to be this year, is that dave camp, the republican chairman of the ways and means committee, included this interest in his tax reform bill. the administration will h
has sold assets, cut its tax rates, $20 per is aiming for share adjusted earnings up from $11.67 in 2010. saw the bays is the proud new owner of the pink star diamond. caret cut stone. the buyer defaulted. 8.3 alieneen a record dollars -- $8.3 million. there's a storm that will move across the country this week and could dump snow from kansas city to boston. it will make for a messy monday morning commute. storm has a silver lining. it is currently bringing much-needed rain to drought stricken california. isare minutes away from what forecasted to be a notable revision, lower, to fourth-quarter gdp. what will that tell the fed? was with one of the that president this morning. what is his thought on what gdp will look like? >> he mentioned the fact that we have this storm coming because that's a big issue. how much has the weather distorted the economy? we saw it in the fourth quarter a little this. how much can you take away from that? we asked charlie loss or about that. p --losser about that. you are continuing to taper if you don't know if the economy is weak because of th
budget. he's trying again today. we'll take a look to see who would be paying more in taxes if he gets his way this time. >>> renowned bond fund pimco has been in the headlines lately with its headline grabbing management changes. we're going to talk with its new deputy chief investment officer about what is ahead for pimco and what was her reaction to that "wall street journal" article saying that bill gross made pimco a tough place to work for. we'll find out coming up. >>> and he's just days removed from serving as the ambassador to russia. michael mcfaul has gone eye all to eyeball with vlad peimir put. did putin just blink or did he wink? (music) defiance is in our bones. defiance never grows old. citracal maximum. calcium citrate plus d. highly soluble, easily absorbed. [ banker ] sydney needed some financial guidance so she could take her dream to the next level. so we talked about her options. her valuable assets were staying. and selling her car wouldn't fly. we helped sydney manage her debt and prioritize her goals, so she could really turn up the volume on her dreams today..
tuesday morning. it increases tax credits for the working poor and expand early childhood education. the president also commented on russia's intervention in ukraine. this is about 15 minutes. 2>> good morning, everybody. i am here at powell elementary school and just had a chance to see some of the outstanding students here. i thought it was an appropriate setting for me to say a few words about the budget i sent to congress this morning because obviously the budget is not just about numbers. it's about our values. and it's about our future. and how well we are laying the groundwork for those young children that i was with a few moments ago to be able to succeed here in america. these kids may not be the most excited people in town on budget day, but it is designed with their generation and future generations in mind. in my state of the union address, i laid out an agenda to restore opportunity for all people, to uphold the principle that no matter who you are, no matter where you started, you can make it if you try, here in america. this opportunity agenda is built on four parts.
u.s. tax evaders. we will talk credit suisse after the break. ♪ >> welcome back to "on the move ." i am manus cranny at bloomberg's european headquarters in london. these are the bloomberg top headlines. from being thene most attractive carry trade that in the emerging markets to the worst in the space of two months. as the central bank's efforts to weaken the currency caused volatility to search. the exchange rate tumbled the most since 2010 earlier this week. losing money for investors who borrowed dollars to buy the yuan. angela merkel is expected to call for a stronger european union during her visit to the u.k. today. the german chancellor arrives in london later. she will address both houses of parliament and have tea with her majesty, the queen. >> i think she is going to try to convince the u.k. to stay in europe. that there are more advantages to stay in than to get out. you can't really pick what you like and not take the rest. i think that is the main message. yatsenyuk won the support of ukraine protesters in kiev to the an interim cabinet and averted a fraud. he says law
for by making smart spending cuts and closing tax loopholes that right now only benefit the well-off and well-connected. i will give you an example. the tax system provides benefits to wealthy individuals who save, even after they have amassed multimillion dollar retirement accounts. by closing that loophole, we can help create jobs and grow the economy, and expand opportunity without adding a dime to the deficit. we know the country that wins the race for new technology will win the race for new jobs, so this creates 45 high-tech minute extra pounds where businesses and universities will partner to turn groundbreaking research into new industries and new jobs made in america. we know, and this is part of the reason we are here today, that education has to start at the earliest possible ages. it's budget expands access to the kind of high quality learning and other programs to give all our children the same opportunities the most wonderful children we just saw are getting right here at powell. all of that while not today's new jobs are going to require a four-year college degree, more and mor
for expansion of tax credits for the middle class and working poor which the white house says is part of his state of the union pledge to boost economic opportunity for all americans. michelle joins us now from the white house. michelle, how do you think this plays out politically considering how gridlocked things are in washington right now? >> reporter: does this have a chance of passing, you're asking? in a word, and you may already know the answer, no. in presenting this budget proposal, president barack obama wants to address the most difficult issues americans face making living and paying for cost of living. working poor, working minimum wage and working full time. they don't have the tax credits workers with children do. obama wants to expand to workers without children, younger workers. this budget contains $60,000 billion worth. obama wants to help obama pay for child care, tax credits for people with young children, pay for education and save for retireme retirement. republicans have problems with it in specifics like closing tax loop hohole loopholes. some say this does nothing t
. got a weak ridge of informants to initiate sing. the financial transactions tax once again which could cost the uk savers three point five billion pounds you have two sets and current on going it's hard to build construction seems to be very different. the uk has many more friends in around the world the nation review focusing the eu till the end gang. the world is danger in any of the law and it still boils down to this one was a little less you're up for the other wants a whole lot more of it. the service of the rt london. my attention and proclaimed by some as the mice to emo company in the wild has once again drawing fun. the study suggests rules. that means he likened the links to any toxic and deadly kidney disease. read more about the dangers links to the gym for its bridge is the law and also now what scientists astronomers discovered seven hundred and fifteen you've done it sounds outside the system was dumping the number one it's time to see the smiles on this story and while it was attainable figured why not. west indies well is now spreading beyond the capital caracas and h
progress on some sort of a national property tax. given the property tax, although it seems residential, will that have knock on effects through commercial? >> i think they've been talking about that. every year at this time, people grabbing headlines. what will pay attention to government policy? it's not surprising they've been talking about property tax. that's been anticipated for many years. i think the market has digested that. everybody expects it to be gradual. so it's important to start having property taxes. if you hold property in china, there's no property costs. if your home is sitting there empty, there's no penalty because you don't really feel hurt. that's why the worry is there are so many buildings and not being occupied and not being neutralized. and so having introduced the property tax will deal directly with that. now, continuing to hold the property if there's a tax you need to pay every month? >> highly rated u.s. companies sold more than $19 billion in debt on tuesday, the busiest day of the year. they looked to take advantage of recent rallies in u.s. treasurie
believes that government spending should be cut taxes reduced in the conditions for medium size businesses improved according to some studies to pull to the peace multiple posts and thus the news that the wheat with a beak that the national identity of benjamin's more than one hundred thousand gbp it so we have to be a made bed that these two because by the duty of indignation we have to be among sixty per cent nickel alfonso is remembered from congo. several years ago he moved from france but cannot find a job and went to brussels. there he was lucky he is now an employee of the european parliament actual service. yep it's the pizza. it took me much time to find a job i have a family and i need to feed them. governments need to be able to manage the crisis well. this painting won't see the overall income the crisis will intensify. it was a challenge for me new peanut countries including belgium ah we going to be a bit to recall for and accepted that the leaven of golf team mom and two monty percent oh i'll be going to continue full many years seen a that he should stay true to groove mad
of the crisis the state believes that government spending should be cut taxes reduced in the conditions for medium size businesses improved according to some studies do for today piece multiple posts in and busted me is that the wheat with a beak that the national identity of benjamin's more than one hundred thousand gbp it so we have to be made that debbie who because of my duty if indignation we have to be among sixty per cent nickel alfonso is remembered from congo. several years ago he moved from france but cannot find a job and went to brussels. there he was lucky he is now an employee of the european parliament actual service. yep it's the pizza. it took me much time to find a job i have a family and i need to feed them. governments need to be able to manage the crisis well. this painting won't see the overall income the crisis will intensify. it was a challenge for me new peanut countries including belgium ah we going to be a bit to recall for and accepted that the leaven of golf team mom and two monty percent oh i'll be going to continue full many years seen a that he should st
of the cnet to make it to him and ended up using the taxes for ninety second pop over here to do without a hint eight years old had an offer of corning. despite conceding a goal chelsea manager lorraine year says he's not the particular diet. some other things that have two chances this post the rules we have five we score one and this is not a critique group of strikers like sometimes people. the sink is just as all of the profile of team would have rated in the eurozone to be amenable to make is to cycling in nineteen ninety eight. you know the routine daily and you can cost you more wiring than the result was the fact that they were never able to stand in the greek town in sarawak for the chairs around expects the economy to a new reed has anyone seen the one that many by going to announce today that it is by the parentheses and david moyes still has full confidence in the polluted due to failed. the road to the united to united's defeat and yet no comment. it will be no prize this is not a single win just like announced at a brisk having their teams in the european top thanks to a ty
in this year alone will be over $100 million. $136 million. crazy. superhigh tax. that is the other part of the thing is, no one says i am sorry. it is not stopping anyone from buying this. just in virginia. go ahead. disclosure, ill was a big stoker for many years. i quit about 14 years ago when my son came along. we used to call it nature's prozac. there is another side to this. our founding fathers notoriously had marijuana. they grew it for different reasons. i am sure they smoked it a little bit, but there is another business part that can come out of this. fibers of marijuana, the actual plant are very strong. paper make clothes, for books. there is a wide range of stuff you can use for this. it seems to me that this could stoners span out into saying let's start making t-shirts. they get a co-op going and making it this way. this could be a little bit more money than just the tax revenue that comes from it. guest: yes. it is growing by leaps and bounds. those of us of a certain age will remember if you grew up in several areas or spent time in was growing this wild in the 1960's,
income taxes. is he a lawyer. he won't even name the source. but he says this stuff to slime somebody. this is a leader. this is ♪ just a rank and file senator. this is a majority leader. how does he get away with just saying awful things. >> well, listen, somebody has to push bag being back on the idea whether it be the koch brothers. >> how about george soros. talk about the koch brothers talk about george soros. >> people putting false ads on the air mary landrieu louisianans saying getting mail canceling health insurance they are all actors. that's simply not true. >> here is a way. some things are untrue. what he said all were untrue. that's his problem. and he doesn't go back to the floor and said i was wrong when i said all. and i really hammer him because is he a lawyer. and he knows, you know, getting the facts right matter. >> getting the facts right does matter. and the fact is that when there are allies of the republicans in the senate spending hundreds of millions of dollars lying about the affordable care act on the air. >> with the truth. >> the truth hurts here becau
and offered general goals on taxes, trade, energy, and regulatory curves. pointing outl keep the upbeat economic outlook. >> let me jump in. we know congressional hearings on the budget again next week, including one wednesday with the finance committee chairman wyden. >> talking about breathing room for more -- he is new to the tax-writing panel. he has his own ideas about tax policy. again, it is a forum for airing ideas about the broader economy. you want be seeing the summit -- their democrats be doing own budget plan. the field the december agreement .ut the spending caps in place the republicans will do their own plan, which will contrast with the administration's blueprint. house republicans met and talked about alternatives to the health care law. next week, there is a bill scheduled. what about the bill and what is the current republican strategy? >> they obviously still object to obamacare. i think they have moved away from trying to repeal it. now they are going after individual pieces. the measure coming up next week has the same effect the bill the house passed has. it draw
no program with one general question is not some bucks to a tax haven and most things change. what is your view on this. those things must change. you know that christ is where we need money to reinvest to create jobs for four young people in europe. we cannot sustain least one scholars and billion of tax evasion. since it's not the only nuts and bolts of luxembourg has also plates to be coatings is tax evasion. we soon you'll go home and the greens also pop in the reader at the mall opened knowledge to provide built in ftp changes information when it comes to clients of the bangs. we read that the open two to agree to a two assists as the text are active. where will only be a senior this savings to the text bubbles most sophisticated financial products and phoebe also move on the taxation of multinationals a single stream in luxembourg everybody understands that you use an open book so i spent the seven though such that the sound effects and it's a multinational who sells also meets debts to pay to eat eyeballs feel to it that says he's a lawyer competition and so we need to text multinat
from the tax for 2014. simple fairness demands that congress provide the same relief to hardworking americans. when congress can act to provide some relief for hardworking americans, we should. every member here has heard from a frustrated constituent. this shouldn't and need not be a partisan fight. granting relief for hardworking americans is only fair. voting yes on h.r. 4118 is the right thing to do for the people we represent. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from michigan is recognized. mr. leffy: i yield myself such time as i may consume. -- mr. levin: i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized for such time he may consume. without objection. well, here they go again. but this time it's the 50th time that house republicans have brought up legislation to repeal or to undermine the affordable care act. ut this 50th time is no golden anniversary. it's a house republican goose egg for millions of americans. just look at this, 50 votes. with zero votes to rais
. crazy. superhigh tax. that is the other part of the thing is, no one says i am sorry. it is not stopping anyone from buying this. just in virginia. go ahead. disclosure, ill was a big stoker for many years. i quit about 14 years ago when my son came along. we used to call it nature's prozac. there is another side to this. our founding fathers notoriously had marijuana. they grew it for different reasons. i am sure they smoked it a little bit, but there is another business part that can come out of this. fibers of marijuana, the actual plant are very strong. paper make clothes, for books. there is a wide range of stuff you can use for this. it seems to me that this could stoners span out into saying let's start making t-shirts. they get a co-op going and making it this way. this could be a little bit more money than just the tax revenue that comes from it. guest: yes. it is growing by leaps and bounds. those of us of a certain age will remember if you grew up in several areas or spent time in was growing this wild in the 1960's, especially during world war ii, tons of hemp was grown all o
. so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com this is the first power plant in the country to combine solar and natural gas at the same location. during the day, we generate as much electricity as we can using solar. at night and when it's cloudy, we use more natural gas. this ensures we can produce clean electricity whenever our customers need it. ♪ >>> well, today's primary day down in texas, where republican senator john cornyn is facing a rather anemic tea party challenge from steve stockman. stockman got into the race in december to much ballyhoo. but since then he has been almost not seen. stockman comfortably sits in the fringes to the fringe right, of course. and to prove it, he says he is considering impeaching president obama. why not? even drew up
-american, the koch brothers? good lord. these guys pay so much in taxes, they pay your salary 1,000 times over. >> does harry reid have any credibility left after attacking mitt romney on not paying his taxes. what happened to that? they put it out there and then skulk and run away. we have to go. we gotta go. i'll give you a list during the break. coming up next, more drama on capitol hill today. the senate voted on whether or not -- bob -- to confirm president obama's controversial nominee for the justice department. a man who once defended a cop killer, vice president biden went to help out with the vote. we'll tell you the results up next. when it's donut friday at the office i use my citi thankyou card to get two times the points at the coffee shop. which will help me get to miami...and they'll be stuck at the cube farm. the citi thankyou preferred card. now earn two times the points on dining out with no annual fee. go to citi.com/thankyoucards. [ alarm sound for malfunctioning printer ] [ le announcer ] you've reached the age where you've learned a thing or two. [ metal cnks ] ♪ this
their settlement agreements including the method of calculating the agreements and whether it is tax deductible and so on and the disclosure would be required up front at the time this is announced. now the fed doesn't have to wait for congress to do that, you could voluntarily adopt that public disclosure now. will you do that? >> i agree with you, it is important for us to disclose more and to disclose as much as we can. and we'll look at that very carefully and try to provide for mfgs. >> so in principal we're talking about more disclosure here. >> correct. >> i think this is really important because this is about accountability. we want to hold our financial institutions accountable but it means accountability for our regulatory -- >> i agree. >> and i want to follow up onp senator brown's question about too big to fail. you said we have made significant progress but much work remains to be done and i agree. but since the financial crisis in 2008, the five largest financial institutions are 38% larger than they were back then. so my question is, what evidence would you need to see before yo
government was cut. taxes did go down, i'll give you that. the budget did go up. he invaded grenada to save 400 rich medical students and he went into the middle east with 2,000 marines, more marines killed in one day than any other time in history. tell me where in all of that -- >> probably the most inspirational leader, and he came at the right time, bob. which is what is happening now. >> i understand your context of what you're saying. go ahead. >> can i answer? >> sure. >> all those things are true, but you forgot to mention unemployment went down from 9% to 5%. inflation was running 14% when he took over. he brought that down to 4% or 5% inflation number. he created more jobs than any president, including president obama, and then he did this. he won the cold war without firing one shot. >> won the cold war? >> won the cold war. what? >> can't say one person won the cold war. there were a lot of people. >> there's a reason the day ronald reagan was ready to go, they took the wall down. he had everything going for him. he didn't want people to like him. he wanted them to fear him, and
are caught at the gate with oversized carry-ons, you will be taxed $25 a checked luggage fee. you may be sent back through security to check your bag at the check-in counter. this is going to cause lots of disruption, i think. >> you know, i fly a lot. people are obnoxious. but here's the deal. they want to crack down on it, lower the baggage fees which they say this is not about. if you are actually going to have a person deployed at the security check send me back because you think my bag's too big and add a half hour to my routine, i will miss the flight, is that really, if that happens, you will see people thinking maybe i shouldn't fly united because i'm afraid, i want to play it safe with american. >> i agree. it is about the fees. i have seen people practically carry on steamer trunks. it's incredible they get in. now the value to being a frequent flyer is you get to be on before everybody else so you can rush to put your bag on. it's a silly system. i agree about the fees. it's not a bad idea to enforce some limits. >> united airlines has just told phil lebeau that in fact, people wil
americans dodge taxes. hans nichols has more. the accusation is pretty shocking, isn't it -- $10 billion. how did the committee arrive at this number? i sat down with brady dougan a couple of weeks ago. he is tightlipped on the issue. >> the committee spent six years on this. it is a some hundred 70 page report. talk about numbers alone -- credit suisse has turned over the names of 238 banks accounts. the allegation in the report is that there were 10,000 visits by clients to one branch inside this a wreck airport. when you go to the zÜrich airport, we buy chocolate. apparently it is where you go to do your banking as well. they had 1800 employees that were dedicated to serving u.s. clients. the details are explosive. a fake visa applications, document shredding, you have secret meetings in secret elevators. you have inc. statements being theed to clients inside magazine "sports illustrated." it is remarkable. what brady dougan will have to account for is that if there was a culture at the bank that was trying to flout u.s. law. why did they set up the meetings? why did they have an air
gigantic problems political instability and billions in tax and the most severe test of the new government could be the situation in crimea the peninsula and the south of the country enjoys the status of an optimus republic and has an ethnic russian majority. hood's trust the new pro european leadership in tn the above so i painted it and wants to see jaime response of ukraine they will have to do a lot to persuade the crimean people with good content. remember the titans times we all had together under one piece and you want to be together with russia. in the morning armed men seized the parliament building in st fl for and race the russian flag since then the government district has been sealed off. there's no time to waste for the new prime minister. he convened the first cabinet meeting immediately after taking office. and crimea was at the top of the long agenda the street to correspond in this scene can do is standing by for sins and cheryl cole will see an eu ban and cranny in parliament today the scene sound a chaotic what exactly has been going on. yesterday the order eighty one d
and there is no way to start with. you just don't invade noer country on phony pre tax. in order to assert your interest will be interviewing never asked and what about iraq. what about constant threats to use force coming from washington during the sunday into secretary kerry was also asked about israel about an incident that gambles upcoming visit about the peace process. of course on those issues would hurt a very different secretary kerry careful diplomatic calling for negotiations. no appeals to the wind charter not to worry about israel breaking international on the us supporting it. to get a sense that the us is appealing to the un charter when it's in its interests and i wanted to visit any welsh fans washington should be offering lectures wellington based in hong kong pixel. there is no question either under the nineteen ninety four agreement on any sense of moral duty. any sense of national pride or simply as a matter of being a in the region that has the power to prevent chaos. there's no question that russia is within her right to protect these people in this plan absolutely no que
and did not take into account a lot of other things in the law like tax credits were businesses are eligible. the report says -- let's go back a little bit -- it did not say how much it will rise but what determines of a small business will see an increase in rates? thet: this report looked at pre-affordable care act law and projecting out. it looked at one provision that involves how insurance companies rate for risk. the law before, insurance companies exclude people with pre-existing conditions, charge sicker people higher rates. older people could be charged more. what the law has done is taken out the pre-existing condition thank and it has narrowed the ages. you can still rates a little bit higher for an older person but it narrowed that split. it has changed the way that companies can price risk. host: so the premium is what we are talking about and what factors go into determining a premium? guest: it is still age and it is smoking status. insurance companies have to take all comers. they used to be able to exclude someone. was less expensive because you had more help th
're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> this is a fox news alert. a critical deadline two hours away. ukrainian officials say russia has given ultimatum surrender crimea or face assault. moscow denying the ultimatum. tensions are growing. jessica is live in crimea. jessica? >> >> russian forces have made a real presence within the last 24 hours here. they have captured an ferry report infantry base. the ukrainian soldiers either you are with us or against us. the ukrainian coast guard has several of their ships away from sea ports here out into the black sea, maintaining they still are loyal to kiev. the head of ukraine's navy has surrendered after only two days on the job. he faces treason charges. and lead as you mentioned the ukrainian navy says that they hav
and no should not exist one should pay taxes. it has grown up since then. department of financial services recently had a hearing. the display of witnesses were nothing like the people originally involved in bitcoin in the beginning. these were all investors and not the doors with people with millions of dollars who have been around the block in terms of the traditional financial system. it has grown up. it does have some of those people still involved who are extreme in different ways and outside the mainstream. -- they are a smaller portion of bitcoin. >> what is the most important thing bitcoin can have happened does it need to be ultimately regulated? >> it depends on what you mean by succeed. most people would say success is acceptance into the mainstream. for that to happen, you need regulation. we had mount blowup recently. what that shows is you need to have standards to make sure that exchange -- the bitcoins are doing in a way that is secure. almost every single exchange or haset that has existed blown up, has been hacked, or entrepreneurs have as -- of scone did. there are new o
for u.s. equities today. ftse down 100, individual corporates to focus in on, rbs posted a full-year pre-tax loss of more than 8 billion pounds that has unveiled a 570 million pound bonus pool, stock off 6.4%. man group up 10.5% after impressive full year figures. funds under management left the companies aa slower pace than expected in 2013 as the firm attracted more new investment. rsa down 3.4% is where we stand, the firm's planning to plug a capital hole with asset sales the former rbs ceo steven hester now taking over at rsa and wpp, 5.25, saw sales rise in 2013 but investors left unimpressed by a warping on margins. the ceo told cnbc he should have been more aggressive in emerging markets. >> they are our most profitable markets now. over the coming years we'll be more aggressive. if there's one thing i regret about the last ten years is that we didn't go fst aer. >> posting a 2013 net profit of nearly $4 billion and allianz down 2.3%, raised its 2013 dividend after roughly meeting market expectations. the company saw a strong performance from its property division but life and health
and parliaments are divided along ethnic and party lines. this banner says the system gobbles up 70% of the tax revenues while 67% of young people are out of work. >> i have always been for one country without the two entities. for a bosniak-croat federation without cantons. i think the people of bosnia could find a peaceful solution but not the politicians. >> many ethnic serbs might well see things differently, but the fact remains that very few people make more than 2000 euros a month while two and three bosnians live on less than 200 a month. this graffito says "stop nationalism." this old industrial city has not been kept from falling into ruin. these coworkers hope to save their factory from a similar fate. >> regarding the factory so it won't be destroyed -- we are guarding the factory so it won't be destroyed. we are even sleeping here. 10 or 12 people are here every night to make sure it does not alluded. -- does not get looted. >> after the years of management and decay, it seems questionable they will get their jobs back. the bosnian spring was born out of desperation. >> there's the
persons tax free housing and heightened medical insurance copays. seven, nay they want a--they want a new round of base closing in 2017. base closings. president obama will presented the--will present the budget to congress. by the way, despite the reshuffle, the pent began budget goes up each of the next owe o five years from $496 billion in 2010 to $559 billion in 2019. question, what are the prospects for this budget passing the congress? >> well, i think they are reasonably good. people know there is just going the be huge physical pressure on the united states and this is one area are that cannot they immune to it. so there is some sense, that there is some kind of duplication that might actually be cut without tearing down our ability. we have to save money in that participant of the budget as well as many other parts of the budget. >> republican party, which used to fight for more defense spending now cares more about cutting spending and i think you are not going get the resistance there. and reduction of the size of the army is based on the assumption that we are not going to be
to drink as much. when i went to mexico -- >> carbonated beverages. >> mexican tax was against obesity, mexico forward country since change in leadership, this is happening right now, happening worldwide. >> the critics, of buffett who are upset about his lack of transparency on derivatives, right, all of those things, tax inefficiencies that they worry about after he passes, when he passes. >> i think people have to read the shareholder letter. he's underperforming, look, in 2000 -- in 2008, he was down 9. market down 37.0. he says overand over, my job's not to shoot the lights out during the upmarkets but protect the downside. if you read the letter and think real problem's with transparency, he mentions the terrible texas deal he was involved in. >> energy partner had to take a write-down. >> he shows you how he makes decisions. read other annuals, other annuals are about, we have a pretty good toothpaste, you know? others are about don't rule us out against the -- our food wars because like we're still selling a lot of tvs. honestly, it's like, hey, open up, make folksiness. >> lik
says there's an emergency basis for an order that tax records of parents can then go on the applications for college. he said, no emergency. >> and the fact that the legal drama is now going to continue to drag out. hard to see how they're going to reach any kind of reconciliation any time soon. >> it's very sad. >> i feel that they're going through this and the shame of having this all be so public. >> they were very emotional. she held it all i know side. >>> world leaders are trying to find a resolution to the ukrainian crisis this morning. did president obama's reset on russian foreign policy contribute to the crisis? >>> georgia takes a big step to legalize medical marijuana. dr. sanjay gupta joins us on his documentary. weed two. cannabis madness. l policy that allows you to eat all that you can. the hotel gym is short for gymnasium. the hotel pool is usually filled with water. and the best dot com for booking hotels, is hotels.com. it's on the internet, but you probably knew that. or maybe not, i don't really know you. bellman: welcome back, captain obvious. ca
what he describes is an armed occupation at the airport. >>> luxottica is hit with tax issues in the fourth quarter. >>> there is speculation the central bank will widen the country's trading ban. >>> and janet yellen says she needs a firmer handle on the data before she can blame the weather for recent weakness. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> warm welcome to the show. plenty of moving towards surrounding ukraine. >> absolutely. we just heard in the last few minutes the ukrainian prime minister separating out the political noise we're hearing for the economy. he said they're taking clear steps to provide the ukraine with international financial aid are being taken right now. they accept the ukraine is independent. they hope to boost reserves and stabilize the situation there. they talk about the imf here, too. they expect record credit instruments from the imf to increase saying to them that they will provide funding in the next couple of days if they can agree with it. and a key priority, of course, is
with israel and our other partners. i see americans who want -- to are willing to spend their hard-earned tax dollars on foreign assistance and strengthen the greatest military the world has ever known. i see americans who want america to lead. [applause] my friends, i've been around a long time. and in fact, since the coolidge administration. [laughter] you, i'ved say to never seen this world in need of strong american leadership the way it is today. and i believe these events, these negotiations with iran, which i hope to succeed but i doubt, when i see the slaughter in syria, when i see the chinese asia,ing themselves in when i see significant cuts in foreign aid and also in our defense budget, i'm worried. word to you my dear and --oved friends, america israel needs you more today than ever before. thank you and god bless. [applause] >> senator john mccain this morning at the aipac conference. you can see his comments any time at our website www.c-span.org. secretary of state john kerry will also be speaking later today. live coverage getting underway at 5:00 eastern. traveling tory ukra
to evade tax. according to a u.s. senate panel credit suisse bankers traveled to the united states on tourist visa and solicited clients in high society new york parties as well as florida golf outings. one client said he received his bank statements inside a "sports illustrated" magazine. now, the report claims that the bank b opened swiss accounts for more than 22,000 u.s. customers with assets toelting some $12 billion. a lot more on gmt coming up. out of all the large european companies france is yet to show itself pulling itself out of the meyer. one sign would be a fall in the initial number of job seekers. hollande says he should be kujed on his success of getting french people back to work. the figures have gone from bad to worse. no one is holding their breath in paris. well over 3 million french people are actively looking for work. private firms are finding it hard to pay their labor bills and rise above those latest tax increases. more throughout the rest of the day on this story as well as this one. the european jet maker airbus reported a very goodyear. a rise of 22%
russian corruption works. at the center is moscow. and in britain -- is not in moscow. havens anditish tax property all over the european union. it works like this. are amounts of money checked it out of the russian budget. here to beought secured. over the past 10 years, putin has watched how this is desperate for money in an area of low growth. this has convinced and that europe will do absolutely nothing to kill the oligarch golden goose that feeds it. he is absolutely confident the europeans will not impose banking or visa restrictions or do anything to close down their profit will tax havens. think it was a saving alliance. it has the morality of a hedge fund. make money or move it offshore. >> it sounds like he is saying that vladimir putin is the ultimate mob boss. do you agree? >> with some parts of what he said. he does certainly run the mob liken certainly a way. the basic point he has judged the west is unlikely to respond in ways that really hurt him is correct. the judgment is formed over a variety of teams. one aspect maybe corruption. he is also had a few experiences like ge
of the negative impact of higher taxes, which really took a bite out of consumer spending in fourth quarter last year, and the fact that the consumer is made some progress in balance sheets deleveraging, we see the and even in loans mortgage credit now. i think the underlying story for consumers is not bad. from the equity perspective, those consumer discretionary stocks got decidedly expensive by the end of last year as the market bought into that idea. >> people are spending more money on credit, taking out more loans. but hey, that's good? right, right? >> the glass is half empty and half full in this case. we got a big increase, point or percent increase in consumer increase in consumer spending. the reason it went up so much in january was an increase in services spending, away from durable goods. utility bills. we spent a lot more paying for things we have to pay for. at least we spent the money, but it is not an alloy good news. >> keeping us all warm. >> i bought a new truck last year. what do you think about car sales? they were weaker than the market anticipated in february. weaker tha
. they even have a one-point lead over republicans when it comes to taxes. taxes. and it's an even playing field when it comes to the economy. but the only major issue where people trust republicans more than democrats is on the budget deficit, and there only by two points. yet despite all that, things look bleak for democrats in this year's midterm elections. we all know that. they don't stand a chance to regain the house. and according to an elections expert, charlie cook, they're losing their grip on the senate where republicans need to pick up net six seats to retake the majority. charlie cook put it bluntly today, saying, quote, democrats' chances of holding on to their majority in the senate is looking increasingly tenuous. there are now at least ten and potentially as many as 13 democratic-held seats in jeopardy. 10 to 13. by contrast, only two gop seats are in any meaningful danger. and that number hasn't changed in six months. things are starting to look grisly for senate democrats. that's charlie cook. another blunt way of putting it was john lovitz's classic portrayal of michael
's creepiest post for yet another colossal drain of our tax dollars for nothing. either way it hit me and crossing the u s border anytime soon. we can smile or something to say hello to all who are watching tonight's the fact that by about eighty and played at the residence and before we go don't forget to tune in at nine pm for larry king now. tonight's again so they cast members of the cbs tv series criminal minds. pierre is a sneak peek of tonight's episode larry asks them about the statement made by the show's previous star mandy packing weekend landy said. both cooling the biggest mistake he's ever made was too unnatural i never thought doing the killing all these women every night every day a week after week year after year he was destructive to my old one person now the bishop of the pie little old clothes thank you that way. now as i said to mean that it's the nature of the show and defected real men and women to this job every day out of respect and lie in wait months to them as an actor my job is to portray them as clean and truthfully as possible. no this is the darkness
see the know know where their tax money went. local militias are guarding the mansions to prevent anyone from vandalizing or stealing. one thing is clear. ukrainians want the revolution to do away with the extravagant and cry. this kind of ukraine's interim government wanted to clean it so that the old regime to police on tuesday when activists climbed on top of the parliament to remove the soviet star. there was no attempt to stop the activists the current crisis in ukraine started when unesco which ditched the eu treaty deal in favor of closer ties with its former soviet master russia. now let's talk about the eu and united states can help ukraine meet its financial obligations over the next three years the average ukrainians going to get rid of corruption and symbols of the old regime ukraine could be making a break with its text links chicken the democrats don't think gold is the longest serving congressman in us history and fifty eight years in office has announced his retirement from the house of representatives often to see it. our single first and to congress to finish his
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